BNS vs. BMO
Compare and contrast key facts about The Bank of Nova Scotia (BNS) and Bank of Montreal (BMO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BNS or BMO.
Correlation
The correlation between BNS and BMO is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BNS vs. BMO - Performance Comparison
Key characteristics
BNS:
1.08
BMO:
0.53
BNS:
1.53
BMO:
0.78
BNS:
1.19
BMO:
1.12
BNS:
0.64
BMO:
0.42
BNS:
3.33
BMO:
1.46
BNS:
5.40%
BMO:
7.68%
BNS:
16.70%
BMO:
21.11%
BNS:
-63.79%
BMO:
-68.43%
BNS:
-14.13%
BMO:
-6.90%
Fundamentals
BNS:
$69.24B
BMO:
$72.66B
BNS:
$4.08
BMO:
$6.61
BNS:
12.47
BMO:
14.99
BNS:
1.49
BMO:
1.38
BNS:
$53.19B
BMO:
$54.59B
BNS:
$54.33B
BMO:
$55.49B
BNS:
$3.64B
BMO:
$5.29B
Returns By Period
In the year-to-date period, BNS achieves a -3.94% return, which is significantly lower than BMO's 2.08% return. Over the past 10 years, BNS has underperformed BMO with an annualized return of 5.98%, while BMO has yielded a comparatively higher 9.79% annualized return.
BNS
-3.94%
-3.40%
12.02%
17.16%
5.63%
5.98%
BMO
2.08%
2.54%
16.85%
8.55%
10.11%
9.79%
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Risk-Adjusted Performance
BNS vs. BMO — Risk-Adjusted Performance Rank
BNS
BMO
BNS vs. BMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Bank of Nova Scotia (BNS) and Bank of Montreal (BMO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
BNS vs. BMO - Dividend Comparison
BNS's dividend yield for the trailing twelve months is around 6.09%, more than BMO's 4.52% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BNS The Bank of Nova Scotia | 6.09% | 5.84% | 9.62% | 8.03% | 6.14% | 4.94% | 3.54% | 5.10% | 3.75% | 3.98% | 6.63% | 5.16% |
BMO Bank of Montreal | 4.52% | 4.62% | 4.34% | 5.83% | 3.95% | 5.16% | 3.96% | 4.52% | 3.42% | 4.47% | 4.53% | 3.94% |
Drawdowns
BNS vs. BMO - Drawdown Comparison
The maximum BNS drawdown since its inception was -63.79%, smaller than the maximum BMO drawdown of -68.43%. Use the drawdown chart below to compare losses from any high point for BNS and BMO. For additional features, visit the drawdowns tool.
Volatility
BNS vs. BMO - Volatility Comparison
The Bank of Nova Scotia (BNS) and Bank of Montreal (BMO) have volatilities of 4.17% and 4.11%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
BNS vs. BMO - Financials Comparison
This section allows you to compare key financial metrics between The Bank of Nova Scotia and Bank of Montreal. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities